PETALING JAYA: The economy is likely to kickstart the year at a sluggish pace, even as Malaysians continue to feel the brunt of stubbornly high inflation. The ringgit is also forecast to weaken against the US dollar in the first quarter of 2023 (1Q23), amid the expected further rate hike by Bank Negara. In a […]
Read MoreThe Royal Government of Cambodia has collected 22,302 billion riels or $5.44 billion as the total national revenue in the first 11 months of 2022, while the total national expenditures reached 22,275 billion riels or $5.43 billion, resulting in 27 billion riels or $6.6 million received as the surplus of the national budget, according to […]
Read MoreMANILA, Philippines — Sixty percent of employees in the Philippines have engaged in quiet quitting due to the low salary they receive and the lack of opportunities to move up in the company, according to a study by consumer and data analytics company Milieu Insight. Conducted in October last year, the survey covered 800 employees […]
Read MoreMinister of Industry and Trade Do Thang Hai said an electricity price adjustment is being considered, but noted that it is impossible to adjust the electricity price in a short cycle as is now being done to gasoline prices. Earlier, the Electricity of Vietnam (EVN) proposed applying the same gasoline price adjustment scheme for electricity […]
Read MoreThailand’s inflation rate is expected to slow to 2-3% this year after soaring to a 24-year high last year, driven mainly by rising energy prices. The Commerce Ministry on Thursday reported headline inflation, gauged by the consumer price index (CPI), rose by 6.08% in 2022 from a year earlier, which was close to the projection (between […]
Read MoreThe General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) yesterday issued a set of guidelines for all enterprises that are resident taxpayers, public institutions and non-governmental organisations (NGOs) and have tax obligations to implement the new monthly salary tax from January 2023. Those enterprise owners are required to file the […]
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